Economy

Koumis: Respect for sustainability is key to tourism development

Greece and Cyprus must move forward with respect for the environment and the principles of sustainability to further develop their tourism products, as both...

UCY CypERC: Economic sentiment deteriorates in November

Economic sentiment in Cyprus deteriorated in November but remained at a fairly high level, indicating a continuation of favourable conditions in the Cypriot economy...

Petroleum products sales in Cyprus up by 3.5% in October

Petroleum products sales in Cyprus showed a positive trend in October 2024, reaching 135,250 tons, marking an annual increase of 3.5% compared to October...

Cyprus surveillance report: Risks amid strong economic growth

Cyprus' economic and financial stability was affirmed during the 17th post-programme surveillance mission by the European Commission and the European Central Bank (ECB) with...

Entrepreneurs call for reevaluation of regulations on Makariou Ave

The entrepreneurs' initiative "Nicosia - Capital of Cyprus" has requested a reevaluation of traffic regulations on Archbishop Makarios III Avenue. The request was outlined...